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The following table is the balance sheet for Bank A: Assets Risk weight factors

ID: 2804839 • Letter: T

Question

The following table is the balance sheet for Bank A:

Assets

Risk weight factors

Risk adjusted assets

Cash

120

0%

U.S. Treasury Securities

240

0%

Bank reserves

60

0%

U.S. government agency securities

20

20%

Mortgage loans

350

50%

Consumer loans

150

100%

Construction loans

10

100%

Corporate debt securities

50

100%

Total

1000

Liabilities and Equity

Transaction deposits

700

Saving accounts

100

Negotiated CDs

50

Repos

70

Subordinated debt

20

Liabilities

940

Common equity

30

Retained earnings

15

Preferred stocks

15

Equity

60

(1) Calculate Common Equity Tier 1 capital. (0.5 point) =

(2) Calculate Additional Tier 1 capital. (0.5 point)

(3) Calculate Tier II capital. (0.5 point)

(4) Calculate the credit risk-adjusted assets using the risk weight factors. (0.5 point)

(5) Calculate the total capital. (0.5 point)

(6) Calculate CET1/ Credit risk adjusted assets

Tier I / Credit risk adjusted assets

Total capital / Credit risk adjusted assets

According to table 13-4, determine Bank A belong to which zone? (2.5 points)

Assets

Risk weight factors

Risk adjusted assets

Cash

120

0%

U.S. Treasury Securities

240

0%

Bank reserves

60

0%

U.S. government agency securities

20

20%

Mortgage loans

350

50%

Consumer loans

150

100%

Construction loans

10

100%

Corporate debt securities

50

100%

Total

1000

Liabilities and Equity

Transaction deposits

700

Saving accounts

100

Negotiated CDs

50

Repos

70

Subordinated debt

20

Liabilities

940

Common equity

30

Retained earnings

15

Preferred stocks

15

Equity

60

TABLE 13-4 Spe cifications of Capital Cate gories for Prompt Corrective Action Common Equity Tier I Risk-Based Ratio Tier I Risk-Based Ratio Total Risk-Based Leverage Zone Ratio Ratio Capital Directive/Other 6.5% or above Not subject to a capital directive to meet a specific level for any capital measure 1, well capitalized and 8% or above and and and 10% or above 5% or above 2. Adequately 4.5% or above and and and and 6% or above 8% or above 4% or above Does not meet the definition of well capitalized capitalized Under 6% Under 8% Under 4% 3.Undercapitalized Under 4.5% 4. Significantly 5. Critically or or or undercapitalized Under 3% or Under 6% or Under 8% or Under 4% undercapitalized Tangible equity/Total assets 2%

Explanation / Answer

1. Common equity Tier 1 comprises of a bank’s core capital and includes common shares, stock surpluses resulting from the issue of common shares, retained earnings, common shares issued by subsidiaries and held by third parties, and accumulated other comprehensive income (AOCI)

Common Equity Tier 1 capital = 30+15= 45

2. Additional Tier 1 or AT1 consists of capital instruments that are continuous, in that there is no fixed maturity including: Preferred shares, High contingent convertible securities

Additional Tier 1 capital = 15

3. Tier 2 capital is designated as supplementary capital, and is composed of items such as revaluation reserves, undisclosed reserves, hybrid instruments and subordinated term debt

Tier 2 capital = 20

4. credit risk-adjusted assets using the risk weight factors = 120*0 +240*0 + 60*0 + 20*0.2+350*0.5 + 150*1 + 10*1 +50*1 = 389

5. total capital = tier 1 captal + tier 2 captal = (45 +15) + 20 = 80

6. CET1/ Credit risk adjusted assets = 45/389 = 11.56%

Tier I / Credit risk adjusted assets = (45+15)/389 = 15.42%

Total capital / Credit risk adjusted assets = 80/389 = 20.56%

Based on the ratios calculated and the table provided, the bank is well capitalized.

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